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Announcement - regarding Auction 2026/1

Hungarian Gas Storage Ltd. (HGS) hereby informs its Customers that those Partners who submitted a successful bid at the auction 2026/1 and concluded a gas loan contract, and also hold a gas loan contract (ON LENDING AND BORROWING NATURAL GAS with relating Capacity, on the Gas Loan Plus Product (GLP)) for the period until 01.10.2026 at 06:00 hours are not obliged to return the Natural Gas Lent until 01.10.2026 at 06:00 hours, under their gas loan contract valid until 01 October 2026, 06:00, up to the gas quantity of the Natural Gas Lent (kWh) awarded at the auction 2026/1, except in cases where Mandatory Return as per the contract applies. 

 

Example:


If the Contracting Party has a gas loan contract for 100 kWh for the period until 01.10.2026 at 06:00, and the same Contracting Party is awarded a gas loan contract for 70 kWh for the period starting from 01.10.2026 at 06:00 at the auction 2026/1 on 13.03.2026, then this Contracting Party is not obliged to return 70 kWh of the Natural Gas Lent until 01.10.2026 at 06:00 under its gas loan contract valid until 01.10.2026 at 06:00, except in cases where the Mandatory Return as per the contract applies. However, the Contracting Party remains obliged to return the remaining 30 kWh of Natural Gas Lent until 01.10.2026 at 06:00.